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Re: Crisis 2011 Part I: The Other Shoe - Eric Janszen
Re: Crisis 2011 Part I: The Other Shoe - Eric Janszen
The deconstructed fugly era starting in 2006 looks like this:
I really like this flowchart except for one disturbing interpretation I discovered in your presentation. "Global Reflation" - "Dollar Depreciation" - "Oil Price Recovery" seems to operate backwards in time, i.e. future events influence the past. The same problem exists with the previous ... "Global Recession" - "Oil Demand Crash" - "Oil Price Crash". I suspect this is an artifact of your presentation method but it is unsettling once noticed.
Don't give up. This rats nest of process interactions is challenging to convey to others but maybe if you succeed, people will figure out how to fix the mess.
Politics, n. A strife of interests masquerading as a contest of principles. ― Ambrose Bierce
Right, as the world goes, is only in question between equals in power, while the strong do what they can and the weak suffer what they must. ― Thucydides, The Landmark Thucydides: A Comprehensive Guide to the Peloponnesian War
In a time of drastic change it is the learners who inherit the future. The learned usually find themselves equipped only to liv...
I really like this flowchart except for one disturbing interpretation I discovered in your presentation. "Global Reflation" - "Dollar Depreciation" - "Oil Price Recovery" seems to operate backwards in time, i.e. future events influence the past. The same problem exists with the previous ... "Global Recession" - "Oil Demand Crash" - "Oil Price Crash". I suspect this is an artifact of your presentation method but it is unsettling once noticed.
Don't give up. This rats nest of process interaction...
Those who cannot remember the past are condemned to repeat it. - George Santayana
Deflation is back in the headlines. Quantitative easing (QE) is the call. Can the government and the Fed keep the money supply growing and prevent deflation? Is the deflation a real threat? How much QE is required? Or is QE irrelevant? Double-dip recession or staggering recovery? Gee, cant we just depreciate the dollar again? From the Complaints...
I would be happy to take the other side of that bet. I don't have any difficulty imagining there will be more deepwater rigs drilling for oil in the Gulf of Mexico five years from now than there were just before the Deepwater Horizon ignited. As the cheap supply of oil depletes it has become a difficult and dangerous job to find more of the stuff. The citizens of the USA may finally be starting to understand that...some day maybe their politicians will catch up with them.
The current ban on dril...